Microbrush International Announces Acquisition of Dry Tips®
GRAFTON, Wis., Nov. 28, 2014 /PRNewswire/ -- Microbrush International, a leading developer, producer and marketer of innovative consumables used in dental restorative procedures, today announced the acquisition of Dry Tips from Molnlycke Health Care, AB. Dry Tips is a leading brand of high-quality moisture control products used in dental procedures.
"We are excited about the opportunity to add Dry Tips to our growing portfolio of restorative accessories," said John Frymark, VP and General Manager of Microbrush. "Dry Tips represents best-in-class products which will allow us to bring a more complete offering to dental professionals that value superior and effective clinical products."
"This acquisition is a major step in our plan to build out our restorative accessories platform at Microbrush," said Dave Sproat, CEO of Microbrush parent-company Young Innovations. "We look to acquisitions, together with internal product development and relationships with our strategic partners, to continue to drive our long-term growth strategy."
Following a brief transition period, Dry Tips products will be manufactured at the Microbrush facility in Grafton, WI. Current Dry Tips customers and vendors will receive updates from Microbrush in the next few days; there are no immediate changes to ordering and customer service procedures.
Microbrush International is a wholly-owned subsidiary of Young Innovations, Inc., which is a portfolio company of Linden Capital Partners. Kirkland & Ellis LLP served as legal counsel to Young.
About Young Innovations, Inc.
Young develops, manufactures and markets supplies and equipment used by dentists, dental hygienists, dental assistants and consumers. The Company's consumables product offering includes disposable and metal prophy angles, prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental handpieces (drills) and related components, endodontic systems, orthodontic toothbrushes, flavored examination gloves and other products. In addition, the Company offers a line of diagnostic products that includes panoramic X-ray machines and related supplies.
About Linden Capital Partners
Linden Capital Partners is Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life sciences industries. Linden's strategy is based upon three elements: i) healthcare and life science industry specialization, ii) integrated private equity and operating expertise, and iii) strategic relationships with large corporations. Linden invests in middle market platforms in the medical products, specialty distribution, pharmaceutical, and services segments of healthcare.
Media Relations Contact:
Steve Wright
(847) 458-5477
[email protected]
www.microbrush.com
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SOURCE Microbrush International
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